Common use of Making Purchases Clause in Contracts

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall be made upon the Seller's irrevocable written notice in the form of Annex B (the "Purchase Notice") delivered to the Administrator in accordance with Section 5.2 (which notice must be received by the Administrator before 11:00 a.m., New York City time) at least two Business Days before the requested purchase date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (B) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capital.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Carpenter Technology Corp), Receivables Purchase Agreement (CSS Industries Inc)

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Making Purchases. (a) Each purchase Purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any Business Day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the date of such Purchase (which shall be a Business Day), (B) the aggregate amount requested to be paid to the Seller (such aggregate amount, which shall not be less than $1,000,000 500,000 or such lesser amount as agreed to by the Administrator and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (BMajority Purchasers) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capitalthe Aggregate Investment.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc)

Making Purchases. (a) Each purchase Purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent, in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 or such lesser amount as agreed to by the Administrator and the Majority Purchaser Agents) and shall be in integral multiples of $100,000, being the Capital relating in each case with respect to the undivided percentage ownership interest then being purchased)each Purchaser Group, (B) the date of such purchase Purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Triumph Group Inc /), Receivables Purchase Agreement (Triumph Group Inc)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall be made upon the Seller's ’s irrevocable written notice in the form of Annex B (the "Purchase Notice") delivered to the Administrator in accordance with Section 5.2 (which notice must be received by the Administrator before 11:00 a.m., New York City time) at least (x) one Business Day before the requested purchase date in the case of a purchase of less than $50,000,000 and (y) two Business Days before the requested purchase datedate in the case of a purchase of at least $50,000,000, which notice in each case shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (B) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capital.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/)

Making Purchases. (a) Each purchase Purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any Business Day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the date of such Purchase (which shall be a Business Day), (B) the aggregate amount requested to be paid to the Seller (such aggregate amount, which shall not be less than $1,000,000 500,000 or such lesser amount as agreed to by the Administrator and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (BMajority Purchaser Agents) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capitalthe Aggregate Investment.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc)

Making Purchases. (aI) Each purchase Purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent, in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 or such lesser amount as agreed to by the Administrator and the Majority Purchaser Agents) and shall be in integral multiples of $100,000, being the Capital relating in each case with respect to the undivided percentage ownership interest then being purchased)each Purchaser Group, (B) the date of such purchase Purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Triumph Group Inc)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall be made upon the Seller's ’s irrevocable written notice in the form of Annex B (the "Purchase Notice") delivered to the Administrator in accordance with Section 5.2 (which notice must be received by the Administrator before 11:00 a.m., New York City time) at least two Business Days before the requested purchase date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (B) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carpenter Technology Corp)

Making Purchases. (a) Each purchase Purchase (but not reinvestmentother than a reinvestment contemplated under Section 1.4(b)(ii)) of undivided percentage ownership interests with regard to the Purchased Interest hereunder (a “Funded Purchase”) shall be made upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which amount shall not be less than $$ 1,000,000 (unless otherwise agreed by the Administrator) and shall be in integral multiples of $100,000, being the Capital relating 100,000 in excess thereof) with respect to the undivided percentage ownership interest then being purchased)each Purchaser Group in connection with such Funded Purchase, (B) the date of such purchase Funded Purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capitalthe Aggregate Capital resulting from such Funded Purchase.

Appears in 1 contract

Samples: Receivables Purchase Agreement (TransDigm Group INC)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall be made upon the Seller's irrevocable written notice in the form of Annex B (the "Purchase Notice") delivered to the Administrator in accordance with Section 5.2 (which notice must be received by the Administrator before 11:00 a.m., New York City time) at least two Business Days before the requested purchase date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 300,000 and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (B) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Peabody Energy Corp)

Making Purchases. (a) Each purchase Purchase (but not reinvestmentother than a reinvestment contemplated under Section 1.4(b)(ii)) of undivided percentage ownership interests with regard to the Purchased Interest hereunder (a “Funded Purchase”) shall be made upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which amount shall not be less than $1,000,000 (unless otherwise agreed by the Administrator) and shall be in integral multiples of $100,000, being the Capital relating 100,000 in excess thereof) with respect to the undivided percentage ownership interest then being purchased)each Purchaser Group in connection with such Funded Purchase, (B) the date of such purchase Funded Purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capitalthe Aggregate Capital resulting from such Funded Purchase.

Appears in 1 contract

Samples: Receivables Purchase Agreement (TransDigm Group INC)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City timeTime) at least two one Business Days Day before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 300,000 (or such lesser amount as agreed to by the Administrator and the Majority Purchaser Agents) and shall be in integral multiples of $100,000, being the Capital relating with respect to the undivided percentage ownership interest then being purchased)each Purchaser Group, (B) the date of such purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc)

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Making Purchases. (a) Each purchase Purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent, in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City timeTime) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 500,000 or such lesser amount as agreed to by the Administrator and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchasedMajority Purchaser Agents), (B) the date of such purchase Purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cincinnati Bell Inc)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City timeTime) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 300,000 (or such lesser amount as agreed to by the Administrator and the Majority Purchaser Agents) and shall be in integral multiples of $100,000, being the Capital relating with respect to the undivided percentage ownership interest then being purchased)each Purchaser Group, (B) the date of such purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cooper Tire & Rubber Co)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall be made upon the Seller's irrevocable written notice in the form of Annex B (the "Purchase Notice") delivered to 5 the Administrator in accordance with Section 5.2 (which notice must be received by the Administrator before 11:00 a.m., New York City time) at least two Business Days before the requested purchase date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (B) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kulicke & Soffa Industries Inc)

Making Purchases. (a) Each purchase Funded Purchase (but not reinvestmentreinvestment or issuance of a Letter of Credit) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any day upon the Seller's ’s irrevocable written notice in the form of Annex B B-1 (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent, in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m.2:00 p.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 or such lesser amount as agreed to by the Administrator and the Majority Purchaser Agents) and shall be in integral multiples of $100,000, being the Capital relating in each case with respect to the undivided percentage ownership interest then being purchased)each Purchaser Group, (B) the date of such purchase Funded Purchase (which shall be a Business Day), ) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capitalthe Aggregate Capital resulting from such Funded Purchase.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Triumph Group Inc)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall be made upon the Seller's irrevocable written notice in the form of Annex B (the "Purchase Notice") delivered to the Administrator in accordance with Section 5.2 (which notice must be received by the Administrator before 11:00 a.m., New York City time) at least two Business Days before the requested purchase date, which notice shall specify: (A) the 5 amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 300,000 and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (B) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Lesco Inc/Oh)

Making Purchases. (a) Each purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall be made upon 5 the Seller's irrevocable written notice in the form of Annex B (the "Purchase Notice") delivered to the Administrator in accordance with Section 5.2 (which notice must be received by the Administrator before 11:00 a.m., New York City time) at least two Business Days before the requested purchase date, which notice shall specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $1,000,000 and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (B) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capital.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Royal Appliance Manufacturing Co)

Making Purchases. (a) Each purchase Purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder shall may be made on any Business Day upon the Seller's ’s irrevocable written notice in the form of Annex B (the "each, a “Purchase Notice") delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2 6.2 (which notice must be received by the Administrator and each Purchaser Agent before 11:00 a.m., New York City time) at least two Business Days before the requested purchase datePurchase Date, which notice shall specify: (A) the date of such Purchase (which shall be a Business Day), (B) the aggregate amount requested to be paid to the Seller (such aggregate amount, which shall not be less than $1,000,000 500,000 or such lesser amount as agreed to by the Administrator and shall be in integral multiples of $100,000, being the Capital relating to the undivided percentage ownership interest then being purchased), (BMajority Purchaser AgentsPurchasers) the date of such purchase (which shall be a Business Day), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in Capitalthe Aggregate Investment.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Wesco International Inc)

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